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Jinko Technology announced plans to invest $28 million in a private equity fund focused on early-stage AI companies. The move signals its strategic entry into frontier tech investments, though the fund is still in the raising phase with inherent uncertainties.
Read MoreDeepSeek V4.1 Flash has entered beta testing with a new model architecture. It offers native multimodal support, improved performance, faster speeds, and lower operational costs, representing a significant step in AI efficiency.
Read MoreGoldman Sachs predicts a significant surge in bond issuance tied to US artificial intelligence infrastructure. The investment bank forecasts the market could reach $60 billion, signaling major capital investment in data centers and computing power to fuel the next phase of AI development.
Read MoreOn September 8th, Xiaomi MiMo initiated open beta testing for the preview version of its first AI desktop application aimed at individual users. This move represents a significant step in integrating AI with personal computing experiences.
Read MoreCrypto-related stocks fell in pre-market trading as Bitcoin's price decline weighed on market sentiment. Key publicly traded companies saw losses, highlighting the growing correlation between digital assets and traditional financial markets.
Read MoreHong Kong stocks closed lower on September 8, with the Hang Seng Tech Index falling 1.61%. AI software stocks led the decline, with Zhipu.ai dropping over 10%. Optical communication shares also retreated, while newly added southbound trading stock Haiguang Xinzheng surged 31%.
Read MoreSpot gold prices fell during the session, breaking below the key support level of $4390 per ounce with an intraday decline of 0.37%. The move signals shifting market sentiment, potentially influenced by dollar strength, real rate expectations, or profit-taking. Traders are watching to see if the next technical level will hold.
Read MoreICBC's Chengdu branch issued Sichuan's first loan using AI "Tokenized Computing Power" as collateral. The bank assessed a tech firm's credit based on its "computing bill" from running large AI models, pioneering a new path for financing intangible assets in the AI era.
Read MoreOn September 8, Yemen's Houthi forces announced a major military operation involving dozens of ballistic missiles and drones targeting Saudi Aramco facilities in Abha, Najran, Jizan Economic City, and the Khamis Mushait air base.
Read MoreBernstein forecasts a 31% upside for Robinhood's stock, driven by its blockchain network generating $33M in on-chain fees in just 15 days, ranking it top among all chains. The firm projects annual fee revenue could hit $160M by 2028, signaling a major new growth driver.
Read MoreBNB has surged past the critical $750 resistance level, currently trading at $750.05 with a 24-hour gain of 0.73%. Heightened market volatility underscores the need for investors to monitor momentum closely and implement prudent risk management strategies.
Read MoreShinhan Investment's chief researcher suggests diversifying portfolios with 8% alternative and 2% digital assets, as traditional stock-bond strategies lose effectiveness. Backtesting indicates an 8:2 gold-to-Bitcoin ratio within the alternative allocation yields superior risk-adjusted returns.
Read MoreA U.S. federal court has ordered the forfeiture of approximately $213,000 in stablecoins from a wallet linked to a North Korean IT worker money laundering scheme. The funds, received from at least 14 individuals, are part of a broader crackdown on crypto assets used to circumvent sanctions.
Read MoreUBS and eight other Swiss financial institutions have initiated a live sandbox test for a Swiss franc stablecoin, CHFD. The pilot, joined by SIX and TWINT, explores tokenized asset settlement and programmable payments, aiming to assess technical and regulatory viability for a future digital Swiss franc.
Read MoreSolana perpetual DEX BULK has compensated 385 wallets affected by an automatic deleveraging event, issuing full refunds plus 10% bonuses totaling $231,401. Trading will resume after system upgrades complete.
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